今年的煤炭行业真的很奇葩，手里有存煤的全程稳赚，整天笑哈哈，走路带风!当初犹豫观望、不敢备货的，如今再后悔、再拍大腿也为时晚矣。

This year, the coal industry has been truly peculiar. Those who have coal reserves are making a steady profit throughout the process, smiling all the time and walking with a brisk gait! Those who hesitated and didn't dare to stock up on coal in the beginning, now that they regret it, it's too late to slap themselves on the back.

当前市场看似交易平淡、有价无市，但核心逻辑从未改变，谁仓库里有煤，谁才是真正的老板!

The current market may seem to be sluggish with little trading activity, but the underlying logic has never changed. Whoever has coal in their warehouse is the real boss!

兰花集团再次上调：中块(莒山、伯方)涨70，其他涨50，小块普涨40，子块普涨60，粒煤(唐安莒山)涨30，公路于6.11执行，铁路于6.12执行

The Orchid Group has raised the prices again: medium-sized blocks (Jushan, Bofang) by 70 yuan, others by 50 yuan, small blocks by 40 yuan, sub-blocks by 60 yuan, and granular coal (Tang'an, Jushan) by 30 yuan. The implementation date for the road is June 11th, and for the railway it is June 12th.

山西兰花集团6月11日调价信息

Shanxi Orchid Group's Pricing Adjustment Information on June 11th

如果说前段时间动力煤的上涨还是“温水煮青蛙”，那最近无烟煤、喷吹煤和冶金煤的行情，简直就是直接把锅底都给烧穿了。进入2026年6月，山西无烟煤、喷吹煤市场像是按下了“加速键”，6月6日，兰花、潞安集团集体发函，最高一吨飙150元后，主产地无烟煤价格仍一路狂飙，集体跳涨，部分地区单月涨幅甚至突破了180元/吨!

If the recent increase in thermal coal prices was merely a "slow-boiling process", then the current market conditions for anthracite, blast furnace coal and metallurgical coal are like directly burning through the bottom of the pot. As of June 2026, the anthracite and blast furnace coal markets in Shanxi Province seem to have pressed the "acceleration button". On June 6th, Lanhu and Lu'an Group jointly sent out letters, with the highest price increase reaching 150 yuan per ton. However, the prices at the main production areas continued to soar, with a collective jump. In some regions, the monthly increase even exceeded 180 yuan per ton!

截止到6月11日，国内无烟煤和喷吹煤的核心产区，价格全线飘红，涨幅真的很吓人。

As of June 11th, the prices of core production areas for anthracite and pulverized coal in China have all risen sharply, and the increase is truly alarming.

拿喷吹煤来说，晋城主流含税价已经到了1050-1100元/吨，比5月底硬生生上调了55块;长治那边更夸张，成交价直接冲上1070-1200元/吨，环比暴涨了100块!部分极端缺货的区域，涨幅已经突破了111到185元/吨。

Take the coal for injection as an example. The main tax-inclusive price in Jincheng has reached 1,050 - 1,100 yuan per ton, a whopping increase of 55 yuan compared to the end of May. In Changzhi, the transaction price has soared directly to 1,070 - 1,200 yuan per ton, a 100-yuan increase compared to the previous month! In some extremely short-supply areas, the increase has exceeded 111 to 185 yuan per ton.

无烟煤也一样起飞：晋城块煤长协价一口气上调 50-60元，市场价涨得更猛，直接拉涨 50-73元。阳泉、宁夏全线跟涨，宁夏洗大块报价已经高达 1520元/吨。

Bituminous coal has also experienced a significant increase: The long-term contract price for block coal in Jincheng has risen by 50-60 yuan at one go, and the market price has risen even more sharply, increasing by 50-73 yuan. Yunchang and Ningxia have all followed suit, with the quoted price for washed large blocks in Ningxia already reaching 1,520 yuan per ton.

国内涨成这样，去港口搞点进口煤平替行不行? 想多了。俄罗斯低挥发喷吹煤(CFR中国)现在已经涨到了157.5美元/吨，比5月初暴涨了15.38%。外煤不仅贵，运费也一直死贵，这就等于把国内下游用户的最后一条退路给堵死了，只能硬着头皮在国内高位接盘。

The domestic prices have risen so much. Could we go to the ports and purchase some imported coal as a substitute? That's too much thinking ahead. The Russian low-volatile pulverized coal (CFR China) has now risen to 157.5 US dollars per ton, a 15.38% increase from the beginning of May. Foreign coal is not only expensive, but the freight costs have also remained extremely high. This effectively blocks the last possible escape route for domestic downstream users, leaving them with no choice but to stubbornly purchase at the high domestic prices.

这波无烟煤、喷吹煤凭什么涨这么凶?涨价的底气在哪?核心就两个字：缺货!

Why has this batch of anthracite coal and pulverized coal risen so sharply? Where does the confidence to raise the price come from? The answer is just two words: shortage!

截至6月10日，山西瓦斯防治全覆盖排查持续发酵，全省仍有56座煤矿停产，涉及产能 6120 万吨。重点在沁源 —— 全县 25 座煤矿、2560 万吨产能仍全部停产，至今未复产。 别看它不是传统无烟煤主产地，但沁源是喷吹煤、贫瘦煤核心区，紧邻晋城无烟煤带，直接影响华北钢厂喷吹与配煤刚需。山西炼焦煤近40% 产能受限，叠加6月1日起内蒙古煤矿30天专项整治，谁敢超产?谁敢造假?喷吹、无烟煤供应双重收紧，煤价能不涨吗?

As of June 10th, the comprehensive inspection for gas prevention and control in Shanxi Province has been ongoing and has continued to intensify. There are still 56 coal mines in the province that have been shut down, involving a production capacity of 612 million tons. The focus is on Qinyuan - all 25 coal mines and 256 million tons of production capacity in the county remain completely shut down, and they have not resumed production to this day. Although it is not a traditional source of anthracite coal, Qinyuan is a core area for blast furnace coal and lean coal, adjacent to the anthracite belt of Jincheng, directly affecting the demand for blast furnace coal blending and blending by steel mills in North China.

大家一定要知道，整个6月都是安全高压期，煤矿减产、短停成了常态。晋城主流煤矿库存一周就掉了 5.2万吨，坑口几乎空了!虽然现在煤价贵，但下游根本不敢停手。买跌不买跌的采购心理仍在发酵。

Everyone must be aware that the entire month of June was a period of high safety pressure. Coal mines have been reducing production and shutting down frequently. The situation has become the norm. The inventory of the main coal mines in Jincheng dropped by 52,000 tons in just one week, and the coal depot area was almost empty! Although the current coal price is high, the downstream industry simply cannot stop purchasing. The mentality of buying when prices are low and avoiding buying when prices are high is still persisting.

煤炭宝综合判断：短期别指望跌了!6月安查高压不会停，供应端松不了，对于多数煤炭人来说，或许只能眼巴巴的干等，煤价回落的这一天，如果你问我何时煤价会下跌，我只能告诉你2026年下半年。

Coalbao's comprehensive assessment: Don't expect a price drop in the short term! The Ancha high-pressure system won't be turned off in June, and the supply side won't ease up. For most coal industry professionals, perhaps they can only wait helplessly. The day when the coal price drops, if I were to ask you when the coal price would fall, I could only tell you that it would be in the second half of 2026.